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CSPAN
Dec 6, 2012 12:00pm EST
issues of dealing with the fiscal cliff and dealing with our debt situation and not have a debt ceiling hanging out there as a diversionary but dangerous issue. but for some reason, inexplicable, the minority leader, the republican leader, changed his mind. now, he said on the floor well, important measures deserve 60 votes, but when he brought it up earlier, he acted as if he was in favor of it, he was offering it. and now, of course, essaying no, he's going to object to his own resolution. i wish he would reconsider. again, playing -- using the debt ceiling as leverage, using the debt ceiling as a threat, using the debt ceiling as a way to achieve a different agenda is dangerous. it's playing with fire. and yet, with the opportunity to take that off the table, reassure the markets, the minority leader blinked. i don't know why. it's hard to figure out the strategy that he's employing, but we would hope on this side of the aisle -- and i think i speak for all of us -- that he would reconsider and perhaps early next week let us vote on his own resolution. i yield the floor. mr.
CSPAN
Dec 11, 2012 12:00pm EST
the financial crisis when this program was created. but with concerns about the fiscal cliff and continued instability in european markets, i believe a temporary extension is needed. therefore, i believe a clean two-year extension makes the most sense. it provides the most certainty for business and financial institutions. it also provides time to prepare for the end of the program in two years. i want to note that this legislation has a cost recovery provision that ensures that no taxpayer is on the hook for this insurance, financial institutions pay for the coverage. this is not and never will be a bailout. this is simply additional insurance paid for by the banks to ensure that these accounts remain stable. lastly, i want to thank lydia -- leader reid for making this issue a priority in the lame-duck session. i also want to thank senator shared brown for being -- share order brown for being a great partner on this important topic. the administration has just issued an s.a.p. in support of the tag and i ask unanimous consent to enter it into the record. the presiding officer: w
CSPAN
Dec 5, 2012 9:00am EST
. that's the fiscal cliff, december 31. people are counting down. two-thirds of americans are watching this debate on capitol hill because it affects every single family, every individual. and you think to yourself, could congress possibly step back and let taxes go up on working families? what are we thinking? we know what they're dealing with. many of working families across america struggle paycheck to paycheck. the pew institute did a study last year and asked working families how many could come up with $2,000 in 30 days for an emergency expenditure. it's easy to imagine one. a car repair, a quick trip to the hospital emergency room, $2,000. only half of working families could come up with $2,000 in 30 days. that shows how close to the edge many people live. so now we have before us the possibility that these very same families struggling with these issues are in fact, are in fact going to see their taxes go up december 31. there's one person who will decide that: speaker john boehner, the republican speaker of the house of representatives. why am i putting all this on poor john b
CSPAN
Dec 7, 2012 5:00pm EST
. this 100th of congress plus it puts the fiscal cliff and place right now and you lay it out i'm sorry, count me out. stacte want to take the first question? >> you raise a good point. this is where people's eyes glaze over. they can say whatever you want them to say. but the notion, i do think that there's been to the relationship between revenues and the titles and if we want to go bigger the better we need to push all of those, the smaller unit and the less you do on the other side, but there are some who say the idea of the american public is going to buy into this notion okay we are going to look devotees taxes go up so everything can be returned in a tax cut, and we go through this magical power. they are going to think 90% of the approval. so, you're going to have a general consensus. you do this year to get 500 of that in the interest savings alone. this should not be as challenging as it is. >> the other thing i would disagree about is the fact and i have been a huge jet kit and continue to be a huge advocate of tax reform debate and it's a critically important piece and i do
CSPAN
Dec 11, 2012 5:00pm EST
fiscal cliff and about the tax cuts that sunset at the end of the year, all we've been hearing since the election is about what are we going to do about taxes? that's a very significant thing as a result of the last election because i think it's a foregone conclusion there's going to be more revenue raised. but if we raise the amount of revenue that the president wants raised and raise it from the 2% that he wants to raise it from -- the wealthy -- that's only going to run the government for eight days. so what do you do the other 357 days? or if you look at the deficit, it will only take care of 7% of the $1 trillion-plus deficit that we have every year. what about the other 93%? so the point being that we can talk about taxes and taxes and taxes, but it's not going to solve the fiscal problems facing our nation. we don't have a taxing problem. we have a spending problem. and so we should have been spending the last three weeks talking about how we're going to take care of the other 93% of the problem. the president should have declared victory three weeks ago, and we wouldn't have had
CSPAN
Dec 12, 2012 9:00am EST
:00 p.m. today. madam president, the headline news for the last many weeks has been the fiscal cliff. in speaking with the president six months before the election, a few weeks before the election, a few days before the election and immediately after the election, he indicated that we needed to get our financial house in order and that his goal was to do just that. but to do that, because of past experiences, he laid out what he wanted, and that's very simple. the rates for those who have been blessed with economic security in this country will have to pay a little bit more and those middle-class americans will have the same tax structure they had for the last many years. he will not raise taxes on the middle class and those people who have done well will have to pay a little bit more. the american people think this is the way it should be. now, madam president, just a little bit of history -- i've said this before and i'll go into a little more detail today. when i first became the leader, i took a trip with a number of senators to south america to countries that we american senators ha
CSPAN
Dec 5, 2012 12:00pm EST
hire more. tomorrow our joint economic committee will be engaged in a hearing on fiscal cliff issues. we'll discuss strategies to create jobs, we'll discuss the implications of the fiscal cliff, and what happens if we don't get some work done by the house to pass the middle-income tax cut. we have to continue to focus on middle-income families, their lives, their struggles and what we can do to ensure they have more dollars in their pocket to continue economic growth. with that, mr. president, i will yield the floor. and note the absence of a quorum. the presiding officer: the clerk will call the roll. quorum call: mr. schumer: mr. president? the presiding officer: the senator from new york. mr. schumer: i ask unanimous consent the quorum call be repealed. the presiding officer: without objection. mr. schumer: thank you, mr. president. first i want to thank my great colleague from pennsylvania, i enjoyed sharing a table last night with him and his beautiful, charming, intelligent wife, who he's lucky he would be the first to admit he's lucky to have married, and their four great girl
CSPAN
Dec 12, 2012 12:00pm EST
can reach agreement on averting the fiscal cliff, because that's important to the country. so i hope we'll have additional chances to communicate with colleagues and the public before we're done. but this is my farewell remarks, observations on 26 years of service here, and it has been an incredible experience. first thing i want to do is say thank you, to you the people of north dakota for having -- thank you to the people of north dakota for having confidence to send me to represent them in the united states national. i was 38 you about but i looke, and people of north dakota elected me in a stunging upset of a long-established incumbent, and i treasure the confidence that they have had in me. i also want to thank my colleagues for the responsibilities that they've given me, the leadership team, senator reid, senator schumer, senator murray, the confidence that they have had in me. and my staff, i have been so blessed to have people who have been with me, in many cases, for more than 20 years. my chiefs of staff, jim margolis, who has been one of the media gurus in the country now
CSPAN
Dec 13, 2012 9:00am EST
nbc news, indicates clearly where we should be headed with this fiscal cliff business. but until the republicans realize this, are willing to do what is right, we are going nowhere. more than three-quarters of americans, including 61% of republicans, believe it's fair to ask the top 2% to give a little more to avoid a fiscal cliff. and nearly two-thirds of those polled, including many who didn't vote for president obama in november, say that he has a mandate to reduce the deficit by raising taxes on the wealthy. mr. president, we on the democratic side are going to recognize that seven of our senators are retiring. that's really unfortunate. that's the decision they have made and it's, as i've indicated on more than one occasion, parting is sweet sorrow. we had a celebration last week and talked about those seven senators, and it was really a wonderful evening. so i've come here to the senate floor to talk about these individual senators. today i'm going to talk about senator herb kohl. herb kohl had to overcome adversity to become a united states senator. the history of herb kohl an
CSPAN
Dec 6, 2012 9:00am EST
, he's not particularly interested in avoiding the fiscal cliff, and he's clearly not interested at all in cutting any spending. what the president is really interested in, as we learned just yesterday, is getting as much taxpayer money as he can, first, by raising taxes on small business that he believes are making too much money and then on everybody else, not so he can lower the debt or the deficit but so he can spend to his heart's contefnlts for months the president has been saying all he wants is to raise taxes on the top 2% so he can tackle the debt and the deficit. however, yesterday he finally revealed that's not really his true intent. by demanding the power to raise the debt limit whenever he wants, by as much as he wants, he showed what he's really after is assuming unprecedented power to spend taxpayer dollars without any limit at all. this isn't about getting a handle on deficits or debt for him. it's about spending even more than he already has. why else would he demand the power to raise the debt limit on his own? by the way, why on earth would we ever consider giving a
CSPAN
Dec 7, 2012 12:00pm EST
congress talk about their perceptions of negotiations over what is called the fiscal cliff. also, don't forget to explore the history and literary culture of new york capital city of albany this weekend. book tv is on c-span2 and american history to be on c-span three. >> coming up at 7:00 c-span will be lot of discussion unskilled immigrants. virginia senator mark warner is sponsoring a bill to allow more highly skilled veterans and to the u.s. >> we have had these this the five explosions of knowledge in madison, but we have not coordinated care. all the services that we have end up having some any cracks that the cracks are as harmful as the diseases that we are treating. we have to step back and ask, you know, are we hurting people overall? and income on a global level where we doing some times? and, of course, now we have to these reports saying 30 percent of everything we do may not be necessary in after. we will be step back, 30 percent of all the medications we prescribe, the tests we order, the procedures. this is something, i think, which is for the first time really being cal
CSPAN
Dec 13, 2012 12:00pm EST
the fiscal cliff, we are at a moment of major significance that requires the applications of the principle that brooks describes, and for the sake of the country, we must demonstrate to the american people that we are, in fact, capable of making the big decisions by putting in place an agreement and a framework to avoid the fiscal cliff before we adjourn this year. madam president, we are surrounded by history perpetually here in the senate as well as throughout the capitol. how could we not be inspired by it to rise to this occasion? indeed, if you know history, you understand the very story of america's most formative days was defined by an understanding that effective governance requires the building of consensus and that such consensus is achievable even after the exercise of passionate advocacy. which in conclusion brings us back to the creation of a document we all cherish and revere, and that is our united states constitution. 225 years ago, 55 leaders from divergent geographic and philosophical backgrounds converged on the city of philadelphia to draft a new structure of
CSPAN
Dec 7, 2012 9:00am EST
opportunity for longer-term, real energy with certainty, both seconds. despite the looming fiscal cliff, americans are focused as we say, on the to do list. what do you consider of a most pressing economic issues facing the united states today, jobs and unemployment far and away number one, 30%. followed by government spending, budget deficit at 15. then back to wages at 11. so 41% saying either wages or unemployment, and then you see the government spending peace. if you look at how this breaks out by republican and democrat, independent, independent and -- they rank jobs higher than wages. if you look at republicans they rank spending as a deficit. when you go back to this idea of compromise what are you compromising about? these are very tricky times in terms of creating a working coalition on that issue. compromise, consider the economic challenges facing the country, which of the following actions do you believe do most of the country improve over the next couple of years? we read three separate approaches to this. number one was growing the economy and creating jobs. even to investments, eve
CSPAN
Dec 10, 2012 12:00pm EST
. avoiding the fiscal cliff is no excuse for republicans to replace this artificial crisis with another one. congress should pass the proposal to end periodic standoffs over the debt ceiling. this plan would give president obama the authority to avoid default over the nation's bills. democrats are ready to vote any time but first senator mcconnell needs to stop filibustering his own legislation rhode island now speaker boehner and minority leader mcconnell are the only thing standing between congress and compromise. it's time for them to prove to american families that they're more interested in protecting the medal class than pleasing the tea party. mr. president, on another subject, i rise to honor our colleague, the senior senator from nebraska, ben nelson, upon his retirement from the united states senate, to become effective after the first of the year. for 12 years senator nelson has been a valued member of the democratic caucus and an exemplary senator for nebraska and the country. but his life in public service leads back to his youth. he spent his college days serving h
CSPAN
Dec 12, 2012 5:00pm EST
putting something together to avoid the so-called fiscal cliff, the disastrous i ask unanimous consent sequences of our not acting, tax increases for every american taxpayer, massive cuts to defense at a time when the threats around the world are as varied and as great as we've seen in a long time. other essential programs of the federal government being affected by that. that's the last thing we need in this tepid economy with a lot of people out of work and hoping for some consensus to come together to provide a -- a long-term solution to our fiscal problem that continues to have a negative effect on our economy and more importantly, keeps people out of work. and so as that clock ticks, some are saying, well, partisanship is just too great in washington. the country's too divided. we're not going to be able to reach a consensus here in terms of how to address this problem. i disagree with that. over the last two years, and more, we have had a number of proposals brought forward on a bipartisan basis. it started with simpson-bowles, the former chief of staff to president clinton and a
CSPAN
Dec 5, 2012 5:00pm EST
have time to debate and avoid the fiscal cliff. we have time to address a farm bill and dozens of others -- other important issues, and we have time to address the transcend ant issue of the universal rights of mankind. mr. president, i yield the floor. the presiding officer: the senator from south dakota. mr. thune: i rise today in strong support of the legislation before us to enact permanent normal trade relations with respect to russia and moldova. this will put in place a new mechanism for combating human rights abuses, commonly known as the magnitsky bill. the economic argument for the legislation before us is clear. russia is the world's sixth largest economy. the world's fifth largest global importer of agricultural products and home to 140 million potential customers, the largest consumer market in europe. russia is already an important and growing market for united states businesses. of the top 15 u.s. trading partners, russia was the market where american companies enjoyed the fastest export growth last year at 38%. if we enact pntr, it is estimated that u.s. exhorts of
CSPAN
Dec 10, 2012 8:30am EST
fiscal cliff by white house economic adviser gene sperling and republican senator rob portman. then we're live with a discussion on the latino vote in the 2012 presidential election and the prospects for changes to immigration policy. and later the senate's back at 2 p.m. eastern for general speeches. later, members resume debate on extending the transaction account guarantee or t.a.g. program that provides unlimited deposit insurance cover coverage a procedural vote on that measure is expected along with a vote on president obama's nominee to be the assistant secretary of housing and urban development. live gavel-to-gavel coverage here on c-span2. >> today the pew center ohses a daylong conference on voters' experiences in the 2012 election. representatives from google, facebook, microsoft and twitter as well as democratic and gop secretaries of state will discuss voter registration and id laws and the long lines that occurred outside some voting precincts. live coverage of the conference begins at 9 a.m. eastern over on c-span3. >> now, white house economic adviser gene sperling a
CSPAN
Dec 11, 2012 9:00am EST
leader. mr. mcconnell: with the fiscal cliff fast approaching, i feel the need to point out something this morning that's perfectly obvious to most americans but which democrats in washington still don't seem to grasp. i'm referring to the fact that any solution to our spending and debt problem has to involve cuts to out-of-control washington spending. i know that might sound obvious to most people but for all the president's talk about the need for a balanced approach, the truth is he and his democratic allies simply refused to be pinned down on any spending cuts. americans overwhelmingly support some level of cuts to government spending as part of a plan to cut the federal deficit. yet, the president will not commit to it. he refuses to lead on the issue. the president seems to think if all he talks about are taxes and that's all reporters write about, somehow the rest of us will magically forget that government spending is completely out of control and that he himself has been insisting on balance. a couple of weeks ago we saw his plan. after four straight trillion-dollar
CSPAN
Dec 10, 2012 5:00pm EST
. >> host: debra in ohio. democratic column. go ahead. >> caller: i was thinking, on this year fiscal cliff, to save money, why can't they put a tab on what these greedy hospitals, doctors, ambulance, lifelike, prescriptions, why can't they put a cap on what they are allowed to charge instead of the agreed bills that they are charging and also, all the money that we're sending overseas, keep the money here in the united states where we needed instead of trying to buy air france. >> host: how much money are responding militarily overseas? >> we have basic architecture of 750 bases scattered around the globe. is that oversees spending, not overseas spending? i still hear, spend it there. i'd like to count that. if you're talking about foreign aid, as it's sometimes called to my f-1 assistance program comes to about 5 percent of our gross domestic product faugh. if i said $26 billion it sounds like a lot of money, but the biggest department of defense appropriations $6,507,000,000,000 is a drop in the bucket. as a proportion of our total federal budget is six -- it is extremely small. so
Search Results 0 to 18 of about 19